202 Carrington Ln

Calera, AL 35040
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2 bd, 2 ba | 1,267 sqft | Built in 2002

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List Price
$133,900

Initial Investment

$36,553

Purchase Price

$129,000

Down Payment

25%

Rent

$1,100

Total Return

$57,676

Annualized Return

21.6%

Cap Rate

6.6%

Gross Yield

10.2%

Cash Flow

$895

Appreciation

7.3%
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Features

Occupancy

Vacant

Lot Size

4,707

HOA

None

Flood Risk

Not Required

  • Attractive cap Rate in a strong 4.5 star neighborhood
  • HVAC updated in 2018
  • Conveniently 35 minutes to downtown Birmingham
  • Listed on the MLS on 3/1519

See more in Analysis
Ben Preston
LAH Real Estate

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,132

Property Taxes

-$1,500

Loan Payments

-$7,013

Net Cash Flow

$895

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Regina Payne
Agent License 000090040
Realty Pros, LLC
Certified Agent Brokerage:Ben Preston
LAH Real Estate
SourceGreater Alabama
MLS #843428
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